Brief: Strax Q4 Operating Loss EUR 3.0 Million
28/02/2019 08:02
Feb 28 (Reuters) - Strax AB STRAX.ST :
* STRAX: YEAR-END REPORT FOR THE FINANCIAL YEAR 2018
* STRAX BOARD OF DIRECTORS CALLED FOR AN EGM ON DECEMBER 28, 2018, WHICH RESOLVED ON A
DISTRIBUTION OF SEK 1.10 PER SHARE
* Q4 NET SALES EUR 37.5 MILLION VERSUS EUR 32.8 MILLION YEAR AGO
* DOES NOT EXPECT SALES TO MATERIALLY DECLINE IN 2019 DESPITE SALE OF GEAR4
* Q4 OPERATING LOSS EUR 3.0 MILLION VERSUS PROFIT EUR 1.0 MILLION YEAR AGO
* GROSS MARGINS ARE EXPECTED TO REMAIN STABLE IN 2019 AS COMPARED TO 2018
Source text for Eikon: ID:nWkr6KCN16
Further company coverage: STRAX.ST
(Gdynia Newsroom)
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